Lot # : 447 - 1953 Cadillac Eldorado Convertible

Live Webcast Auction
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Price Realized:
170,000.00 CAD
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Price Realized 170,000.00 CAD
Date Sold 2021-06-12T00:00:00
Blenheim, ON N0P1A1
Date(s)
5/10/2021 - 6/12/2021
AUCTIONEER INFORMATION
Catalog
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Bidding Notice:

All lots sold in Canadian Dollars, approximately 20% advantage for US buyers. Place prebids prior to the auction or bid live during the auction.

Information
Lot # 447
Group - Category Toys - Vintage / Antique Toys
Lead 1953 Cadillac Eldorado Convertible
Description
Location - Winnipeg, Manitoba Photos and condition report prepared by CCP Auctions Overall Condition Report: Paint - Excellent Chrome - Good - Excellent Interior - Good - Excellent Chassis - Good - Excellent Description: 1953 was a big year for General Motors as they celebrated the 50th Anniversary of two of their iconic brands, Cadillac and Buick. It seems fitting that the Detroit Lions and Detroit Red Wings were also champions that year. The anniversary celebration began with the introduction of three convertibles: the Cadillac Eldorado, the Oldsmobile Fiesta and the Buick Skylark. Despite the fact that all three cars sold for staggering prices at the time, it is said that GM lost money on each car sold as they were essentially built by hand with the utmost attention to detail. All three additions were considered the best of the best including virtually every option that was available on lesser models. Each car was built to reflect prestige on their owner and were built in very limited quantities to maintain exclusivity. Hard core collectors have made it a pursuit to track down one of each of GM’s limited production 1953 show cars. Seldom are they offered at the same auction. These automobiles reflect wealth and abundance representing models that are rare and extremely collectable. The 1953 Eldorado was a special-bodied, low production convertible; 532 units in total. This car evolved from a 1952 GM concept car called El Dorado “Golden Anniversary”. The first Eldorado had a wraparound windshield and a cut-down beltline (a dip in the sheet metal at the bottom of the side windows). These two touches were especially loved by General Motors styling chief Harley Earl and subsequently were widely copied by other marques. In fact, throughout the 1950s, Eldorado was GM’s styling leader, and since GM led the industry, where the Eldorado went, everyone else would tend to follow. It came with standard features that included a windshield washer, signal seeking radio, power windows and a heater. The original sticker price was a whopping $7,750 US ) over $80,000 in todays money). This 1953 Cadillac Eldorado is in good to excellent overall condition with excellent paint, and for the most part, excellent chrome, with the exception of some slight pitting of the ¼ window frames and small pits in the fingernail guards behind the exterior door handles. Grille chrome and bumpers were beautifully re-plated and the hood mascot and wire wheels are excellent as well. We found a small crack in the upper right corner of the driver’s side door glass and some slight wear on the leather seat. As good as the paint is overall, there is evidence of some minor paint chips in remote areas such as the step plate area below the door and in the door jamb areas as well. Mechanically, we found the car to be generally sound. The undercarriage was clean, but not particularly detailed and would be described as in “driver quality” condition. This Eldorado is equipped with long list of options and accessories including p/steering, p/brakes, p/windows, p/top, signal seeking radio, windshield washers, backup lamps, fender skirts, continental kit, wire wheels, www tires and hard cover parade boot. A great opportunity to own one of the most important cars ever built by Cadillac!
Name Toronto Spring Classic Car Auction 2021
Auctioneer
Collector Car Productions
Type Live Webcast Auction
Date(s) 5/10/2021 - 6/12/2021
Auction Date/Time Info
June 12th, 2021 at 10am
Preview Date/Time There are no preview dates except for veiwing online.
Checkout Date/Time June 14th, 2021
Location
186 Talbot St.
Blenheim, ON N0P1A1
Buyer Premium 12% Buyer's Premium
Description
June 12 at 10am EST All cars are at the seller's location. Please note the location in the description as that's where the pickup will be. Shipping is the buyers responsibility. We are please to have TFX International Specialized Vehicle Transport as our transporations partner as each vehicle is at seller's location. Once the vehicle is paid for, you can call 416-243-8531 for your outbound shipping requirements. Welcome to the Toronto Spring Classic Car Online Auction. Pickup for items are by appointment only. Please call 416.923.7500 Although advance bids are welcome, the actual auction will take place on June 12th beginning at 10am EST with Lot 401. When Lot 401 appears on the screen, bidding will take place in real time and bidders will be warned when that lot is about to close. Once Lot 401 closes, the next lot will appear and the same process will take place with the lots appearing on your screen in consecutive order. Bidding will be in Canadian Dollars and for the benefit of our U.S. and International bidders, the currency exchange is approximately 20% in favour of American buyers. In other words, a bid of $10,000 Cdn Dollars is the equivalent of approximately $8,300 US Dollars. Thank You and Good Luck to all of you! We are please to have TFX International Specialized Vehicle Transport as our transporations partner as each vehicle is at seller's location. Once the vehicle is paid for, you can call 416-243-8531 for your outbound shipping requirements. If you have any questions please inquire or email info@ccpauctions.com Thank you
Auction Terms & Conditions Terms of Sale There will be/is no video or audio for this online auction. Pickup for items are by appointment only. Please call 416.923.7500 ALL BIDS ARE FINAL AT AUCTION upon the declaration of sale. At auction there is no "cooling off period." No bid may be retracted by Bidder/Buyer during the sale for any reason, regardless of whether bid is made by telephone, online, or as an absentee bidder. If you are awarded the final bid, ownership changes hands at the moment of online sale. You own the merchandise and are responsible for payment in full. o Buyer's Fee A buyer's fee is an amount charged by the auction house, Collector Car Productions Inc., or other affiliated company ("CCP") for conducting the auction sale. If your bid price is accepted as the winning bid on any lot, you will be charged a buyer's fee in addition to the accepted bid price. The buyer's fee is part of the purchase price and is subject to sales tax, if applicable. Any terms and conditions posted on the auction website (www.ccpauctions.com) from time to time are incorporated herein by reference. The buyer hereby acknowledges that the seller has entered into an agreement by which entitlement to certain fees in the event the vehicle consigned is sold within 30 days following the auctions' conclusion. The buyer hereby acknowledges that should he purchase or acquire for money or other goods any vehicle consigned to the auction, the buyer is liable to pay the buyer's fee to Collector Car Productions. o Title Transfer In the event that the bidder is the successful buyer of an automobile, the bidder hereby authorizes Collector Car Productions Inc to sign on his or her behalf for purposes of transfer of title. o Terms of Payment Payment of the purchase price upon the declaration of sale is due in full on or before 3:00 PM on the next business day by bank wire transfer. If paying by certified funds, payment MUST be sent by overnight courier (with tracking number provided) and received at the auction company within two business days of the conclusion of auction. The Bill of Sale will be emailed to the buyers by Collector Car Productions Inc within 24 hours (valid email required from buyer). Should a bidder default on payment in any manner whatsoever, without limiting any recourse CCP may have, bidder agrees to pay CCP all lost auction fees (which is the maximum published rates for (1) the seller's commission, (2) the buyer's premium, and (3) the entry). This amount is due and payable without relief. Bidder will also be liable to seller for its damages. Bidder hereby authorizes CCP to deduct these lost auction fees from bidder's cash deposit, or to charge this amount to bidder's credit card provided. Bidder agrees not to dispute this charge with the credit card company at any time. Bidder agrees to also pay CCP's costs of collection, including attorneys' fees and costs. Credit Card is not a valid form of payment for vehicle o Conditions of Sale All vehicles are sold as is, where is, with no representations or warranties, expressed or implied. SELLER AND COLLECTOR CAR PRODUCTIONS, INC. DISCLAIM ALL WARRANTIES, EXPRESSED OR IMPLIED AS TO CONDITION, ORIGINALITY, OR AUTHENTICITY, ORIGIN OR PROVENANCE, PREVIOUS USE OR OWNERSHIP, MANUFACTURING OR RESTORATION PROCESSES, YEAR OR AGE, SERIAL NUMBER, MAKE, MODEL, OPTIONS, TOOLS, OR MILEAGE OF ANY VEHICLE OR COMPONENT OF ANY VEHICLE, AND SPECIFICALLY DISCLAIM ANY WARRANTIES OF MERCHANTIBILITY OR FITNESS FOR ANY PARTICULAR PURPOSE. o Risk or Loss Bidder is responsible of all risk of loss or damage immediately upon purchase of the vehicle or item, which occurs at the time of sale when bidder is declared to have the successful bid. o Other Terms Vehicles not marked as "no reserve" (or similar) are subject to a reserve bid set by the Consignor. When a vehicle is sold subject to such a reserve bid, the auction house may bid on the Consignor's behalf in an amount not to exceed the amount of the reserve bid. Bidder is responsible to pay all city, provincial or other taxes due for which the buyer does not qualify as exempt. Proof of exemption is bidder's responsibility. In the event either party brings action against the other from or relating to this bidder agreement or any auction held in connection herewith, the prevailing party as, determined by the court, shall be entitled to recover its reasonable attorneys' fees and costs. The law of the province in which the auction is held, shall govern the provisions of this bidder agreement. Jurisdiction for any action brought shall lie exclusively in a court of competent jurisdiction in the judicial district in which Chatham, ON is located. This is an online auction but there are some absentee/telephone bidders as well that we will be executing on their behalf as Floor Bidder. Shipping is the buyers responsibility. We are please to have TFX International Specialized Vehicle Transport as our transporations partner as each vehicle is at seller's location. Once the vehicle is paid for, you can call 416-243-8531 for your outbound shipping requirements. You are responsible for all bids made with this bidder number, whether or not made by you and whether or not authorized by you.
Your bid must adhere to the bid increment schedule.
Bid Amount Bid Increment
0.00 - 4,999.00 100.00 CAD
4,999.01 - 9,999.00 250.00 CAD
9,999.01 - 19,999.00 500.00 CAD
19,999.01 - 49,999.00 1,000.00 CAD
49,999.01 - 99,999.00 2,500.00 CAD
99,999.01 - 249,999.00 5,000.00 CAD
249,999.01 - 9,999,999.99 10,000.00 CAD
Currency CAD
Buyer Premium 12% Buyer's Premium
Payment Terms
Currency CAD Buyer Premium 12% Buyer's Premium Payment Terms Payment of the purchase price upon the declaration of sale is due in full on or before 3:00 PM on the next business day by bank wire transfer. If paying by certified funds, payment MUST be sent by overnight courier (with tracking number provided) and received at the auction company within two business days of the conclusion of auction. The Bill of Sale will be emailed to the buyers by Collector Car Productions Inc within 24 hours (valid email required from buyer). Should a bidder default on payment in any manner whatsoever, without limiting any recourse CCP may have, bidder agrees to pay CCP all lost auction fees (which is the maximum published rates for (1) the seller's commission, (2) the buyer's premium, and (3) the entry). This amount is due and payable without relief. Bidder will also be liable to seller for its damages. Bidder hereby authorizes CCP to deduct these lost auction fees from bidder's cash deposit, or to charge this amount to bidder's credit card provided. Bidder agrees not to dispute this charge with the credit card company at any time. Bidder agrees to also pay CCP's costs of collection, including attorneys' fees and costs. Credit Card is not a valid form of payment for vehicle
Shipping is the buyers responsibility. We are pleased to have TFX International Specialized Vehicle Transport as our transportation partner as each vehicle is at seller's location. Once the vehicle is paid for, you can call 416-243-8531 for your outbound shipping requirements.
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